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1-bed · 530 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 7th floor

723, Elo 2 at Damac Hills 2

Sold prices and rental history: sold once, by the developer in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 19 February 2025
Last soldAED 621K19 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Elo 2 at Damac Hills 2

What is 723 worth today?

Last sold for AED 621,000 in 2025

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19 Feb 2025Sold by developerOff-plan
AED 621,000AED 1,171 per sqft

Source: Dubai Land Department. Updated 19 February 2025.

Key facts

Type
1-bed apartment
Size
530 sqft
Floor
7th of 14
Parking
1
Last sold
AED 621K · February 2025
Building
Elo 2 at Damac Hills 2

About 723, Elo 2 at Damac Hills 2

723 is a one-bedroom apartment of 530 sqft on the 7th floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 19 February 2025 for AED 621,000, or AED 1,171 per sqft, 6% below the AED 1,245 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 723 over time

Sales
Unit 723, each saleTypical one-bed in Elo 2 at Damac Hills 2
650K700K2024202520262027Typical sale price by year: 2024 AED 690,000; 2025 AED 668,500; 2026 AED 710,000Sold by developer, February 2025: AED 621,000 (AED 1,171 per sqft)

723 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Elo 2 at Damac Hills 2, and where 723 sits

All 383 1-beds →

723 last sold in February 2025 at AED 1,171 per sqft, 6% below what one-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,245). Over the last 12 months one-beds sold for AED 585,000 to 782,000, around AED 1,270 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Mar 2026663,000
5 Feb 2026703,000
12 Jan 2026710,000
12 Jan 2026782,000
7 1-bed sales in the last 12 months

Elo 2 at Damac Hills 2

Building

533 apartments, 1-bed to 2-bed over 14 floors in Damac Hills 2. 20 sold in the last 12 months.

Typical price per sqft
AED 1,275 Up 2.9%
Typical sale
AED 987K
Typical rent
Few contracts
Typical yield
Elo 2 at Damac Hills 2, Damac Hills 2: prices, sales and rents →

Other units on the 7th floor

All 533 units in Elo 2 at Damac Hills 2
Value
7011-bedAED 710K · Oct 2024
7021-bedAED 710K · Nov 2024
7031-bedAED 710K · Oct 2024
7041-bedAED 710K · Sep 2024
7051-bedAED 710K · Sep 2024
7062-bedAED 1.32M · Oct 2025
7072-bedAED 1.31M · Oct 2024
1–7 of 39

723, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 19 February 2025 for AED 621,000, or AED 1,171 per sqft.
  • One-beds in Elo 2 at Damac Hills 2 sold for AED 585,000–782,000 in the 12 months to November 2026; the building's median across all types is AED 1,275 per sqft.

Source: Dubai Land Department. Updated 19 February 2025.

Questions about 723, Elo 2 at Damac Hills 2

What did unit 723 last sell for?

AED 621,000 on 19 February 2025, sold by the developer: AED 1,171 per sqft for 530 sqft. It is the only registered sale of the unit.

How big is unit 723?

530 sqft (49.2 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 723 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elo 2 at Damac Hills 2 sold for AED 585,000 to 782,000 in the last 12 months, around AED 1,270 per sqft.

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Mortgage on 723, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 621K, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 621,000
Deposit, UAE resident (20%)
AED 124,200
Deposit, non-resident (40%)
AED 248,400
Monthly over 25 years at 3.7%
AED 2,541

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →